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Showing posts from July 3, 2011

SUGGESTION TO THE GREECE FINANCE MINISTER EVANGELOS VENIZELOS 2011

SUGGESTION TO THE GREECE FINANCE MINISTER EVANGELOS VENIZELOS To:                The Right Honorable Finance Minister Evangelos Venizelos From:             Athinarayanan Sanjeevraja RE:                Greece Austerity Program Suggestions: Good Morning Finance Minister. When I wrote to you in the month of June, I recommended Greece must continue on the path of reform - a refurbished economic structure is essential to restore growth and competitiveness along with an austerity drive to restore the budget to primary surplus. Whenever deficit and debt of a country get out of control, fiscal consolidation must occur in order to stabilize the economy. This means that government should run a surplus. Fiscal consolidation is having a government that controls the country not only the obvious activities of law, defense and foreign policy but also spending and taxation at all government levels. Both are goals of the austerity plan. But however the tax raises have been

SUGGESTION TO THE MS LAGARDS IMF MANAGING DIRECTOR 2011

SUGGESTION TO THE MS LAGARDS IMF MANAGING DIRECTOR To:                Esteemed Managing Director of International Monetary Fund From:             Athinarayanan Sanjeevraja RE:                Global Economy Suggestions. Good Morning Ms Lagards. I am writing to express that western economy that all monetarily sovereignty nations turned into the consumer of the world. In the last ten years, most sovereignty nations turned into the consumer of the world. In the last ten years, most sovereignty nations carried substantial deficits. They are way too much to repay through trades and transactions. The continuing formula in the conversion of non-sovereignty nations like SDR or throw weight in outdated. In making the imbalance of payments through the process, deficits became a crisis and a threat to the world and global economy and if polarized the inflationary emerging market nations and deflationary developed nations. I hope that you would rethink the balance of pay

SUGGESTION TO THE PRIME MINISTER OF JAPAN 2011

Suggestion to the Prime Minister of Japan To:               The Right Honorable Prime Minister of Japan From:             Athinarayanan Sanjeevraja RE:                Power Shortage Suggestion: Good Morning Mr. Prime Minister. I would like to express that Nuclear safety should always be of paramount concern in Japan . You have been using nuclear power for many decades that their aging reactors need to either be redesigned or replaced or be subject to more rigorous safety standards. Energy independence is a national security issue and nuclear power is still a viable option for Japan . The Japanese government should stop giving all the blame to TEPCO and rebuild the nuclear regulatory agency. TEPCO operated the nuclear plants under the guidance of the Agency. So the Japanese government should do the regulatory reform. Japan should start replacing the old nuclear plants with the third generation plants like the already certified westing house AP 1000 and ideally ac